HLG - Hallenstein Glasson

[percy]

Last year HLG couldn't convert solid sales growth into increased profit

On an apples for apples basis sales up 6% but profit down 4%

Last year things were just 'challenging' but this year they use words like 'competitive' and 'significant'

A good full year outcome I reckon will be profit the same as last year ....no growth but not going backwards...and keeping that HUGE DIVIDEND intact

Agree.
Black Friday,Boxing Day Sales,etc eat into retailers' margins.
Then you only need WHS or Farmers to panic,and everyone's margins come under further pressure.
Yet HLG will keep paying the huge divie.Those growing online sales become more important all the time.

[Beagle]

Exchange rates will fluctuate and go up and down, that's a given. I am focused on the long term and whether their current dividend is sustainable and I think it is and that in the long run the current sales growth (which builds very nicely upon sales growth in previous years), provides encouragement that HLG as a company and as a brand is doing very well.

[winner69]

Clothing retail market all good in Australia ....not going gangbusters but pretty good

ABS report clothing sector sales for October +2.1% on pcp ...last 3 months +3.6% up on pcp

Wonder how Glassons going ....maybe gangbusters

[stoploss]

Just wanted to let the faithful know that the main store on Lambton Quay is pumping along nicely ...
Been out in the paddock a bit long over the winter so my dinner suit trousers were a little tight. Decided to have a Look in Hallensteins.
$ 199 or $ 299 for a full dinner suit . I found a pair of black trousers that did what I needed for $ 79.00 . Gladly accepted the up sell
of 2 for $ 99.00...So your next divvy is safe .....They even had a dude spinning some discs to create a bit of atmosphere .
I won't comment on the soft porn posters adorning the lower floor walls

[Beagle]

Must be that time of year to check out the latest Glassons swimwear collection https://www.glassons.com/clothing/swimwear, all 11 pages of it
Beagle is that you being naughty again...bad dog, get back in your kennel (Mrs Beagle)

[couta1]

Must be that time of year to check out the latest Glassons swimwear collection https://www.glassons.com/clothing/swimwear, all 11 pages of it
Beagle is that you being naughty again...bad dog, get back in your kennel (Mrs Beagle)

I'm sure all those ones over on the Viagra thread having problems could give themselves a hand up by having a good look, perhaps the medication may not be needed after all.

[percy]

Do they have "the models" "in the flesh" at the agm.?

[Beagle]

Do they have "the models" "in the flesh" at the agm.?

Rumour has it that would be liable for fringe benefit tax

[forest]

Do they have "the models" "in the flesh" at the agm.?

A few years ago the AGM was in Auckland, and indeed the AGM started with some models showing of a range of clothing. Not to sure if it added to the AGM information much as their cloding can be seen everywere.

[winner69]

Talking of models I love the way that HLG conveniently incept user friendly models that competently drives user friendly e-commerce

Shows resilience